£15m Rights Issue7 Mar 2022 14:37
"The new scheme would offer £97mn to creditors. It would seek to raise an additional £15mn through a rights issue for the scheme and to finance new lending."
Does this mean the rights issue will cost approx the same again as whatever your total value was sitting at then the share price was 3p? Based off the market cap now being £30m at 6p.
Could be wrong, please advise! Thank you